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VICTORY

Active
Private limited companyfounded 1980active for 46 yearsFranchommelaan 60, 8370 Blankenberge, BelgiumKBO/BCE: BE 0420.383.350
Summary

VICTORY has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,381 and a net result of €60,843. Equity is growing by about 6% per year across the filed financial years. Its solvency ranks better than 46% of 4,752 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisFollow ReportCompare
VICTORYActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
Cafés and bars
NACE 56301Full-service restaurants NACE 56111
4th oldest company in Blankenberge, Accommodation and food service sector1 site
Size
€540,952total assets 2025
Staff
10.4 FTE
Equity
€139,381
Profit
€60,843
Turnover not published (abbreviated or micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
2025 accounts 66 days early2 of 3 deeds summarised
Why 67raises riskSector: Food and beverage service activities (NACE 56)Size: 10.4 FTE, total assets €540,9522 of the last 3 latelowers riskFounded in 1980Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 67% of its sector peers (NACE 56, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 51+12
equity 25.8% of total assets
Liquidity 51+12
short-term debt 20.3% · cash 6.3%
Profitability 83+59
return on assets 11.2%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,615 companies, NACE 56, small)
Last 24 months 11-2024: 3.4% 12-2024: 3.4%● unchanged vs 11-2024 01-2025: 3.3%▼ -0.1 percentage points vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.3%● unchanged vs 04-2025 06-2025: 3.2%▼ -0.1 percentage points vs 05-2025 07-2025: 3.5%▲ +0.3 percentage points vs 06-2025 08-2025: 4.1%▲ +0.6 percentage points vs 07-2025 09-2025: 4.7%▲ +0.6 percentage points vs 08-2025 10-2025: 5.3%▲ +0.6 percentage points vs 09-2025 11-2025: 5.3%● unchanged vs 10-2025 12-2025: 5.3%● unchanged vs 11-2025 01-2026: 5.2%▼ -0.1 percentage points vs 12-2025 02-2026: 5.2%● unchanged vs 01-2026 03-2026: 5.2%● unchanged vs 02-2026 04-2026: 6.1%▲ +0.9 percentage points vs 03-2026highest value 05-2026: 5.8%▼ -0.3 percentage points vs 04-2026 06-2026: 1.1%▼ -4.7 percentage points vs 05-2026lowest value 07-2026: 1.1%● unchanged vs 06-2026lowest value 08-2026: 1.1%● unchanged vs 07-2026lowest value 09-2026: 1.1%● unchanged vs 08-2026lowest value 10-2026: 1.1%● unchanged vs 09-2026lowest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.96, compared with 1.57 in 2024, above the usual 1.5; short-term debt: 20.3% and cash: 6.3% of total assets), but 74.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small): better than 46% on solvency, 56% on liquidity, 75% on profitability and 91% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: 10.4 FTE, total assets €540,952
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
lowers risk · Founded in 1980
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 days early
2024
56 days late
2023
65 days late
2022
66 days late
2021
191 days late
2020
31 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 66 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 October (4 of the last 5 filed years within 125 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €60,843
  3. Equity above €100,000equity €139,381 ▲77.5%

Key points

  • Positive: Back in profit in 2025after -€47,887 in 2024 €60,843 View
  • Positive: 4th oldest company in Blankenberge, Accommodation and food service sectorin the Checked rankings No. 4 View
  • Active since 1980founded 29-04-1980 46 years View

By topic

Financials

Financial year
2025
Total assets
€540,952
Profit
€60,843
Solvency
25.8%
Total assets▼ 4.2%
Net result
20182025
Go to Financials

Timeline

Events
52
Since
1981
Next accounts
by 31-07-2027
  1. 25-09-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 24-10-2024Resignation: PATRICK WALCKIERS (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
29-04-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VICTORY

What is the company number of VICTORY?
0420.383.350. In Belgium the VAT number is the company number with BE in front: BE 0420.383.350.
Where is VICTORY based?
The registered office is at Franchommelaan 60, 8370 Blankenberge.Company details
What does VICTORY do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of VICTORY?
Private limited company (BV).
When was VICTORY founded?
On 29-04-1980.
Is VICTORY still active?
Yes, VICTORY is an active enterprise in the KBO register.
How many employees does VICTORY have?
On average 10.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VICTORY?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VICTORY profitable?
In financial year 2025, VICTORY made a profit of €60,843.
Where can I find the annual accounts of VICTORY?
VICTORY filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VICTORY due?
By 31-07-2027, for financial year 2026.Timeline

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